Skip to main content

Breaking News: Para USA Acquired by Freedom Group

Freedom GroupFreedom Group announced Monday that it had finalized an asset purchase agreement to acquire certain assets of Para USA.

According to a press release from Freedom Group, the purchase was conducted through an unnamed subsidiary of Freedom Group. No price was given. Furthermore, the release did not specify the "certain assets" being acquired.

Para USA was founded in 1985, gaining fame with its high-capacity frame and Light Double Action (LDA) trigger systems that were both incorporated into the company's 1911 designs. But the innovations to John M. Browning's original design weren't widely embraced in the U.S. Para will continue its day-to-day operations at their facility in Pineville, N.C.

"We welcome Para into the Freedom Group Family of Companies," said E. Scott Blackwell, chief Sales and marketing officer of Freedom Group, in the press release. "Para USA is a leader in handgun technology and their fine products exemplify quality, innovation and performance. Para is a perfect complement to our industry-leading family of brands, and our success in 2011 with the Remington R1 — 1911. We look forward to deploying both human and financial resources to continue to develop and supply current and future handguns for consumers and our channel partners.  We also wish to thank all its employees for their continued dedication that has made Para a success."


What do you think this means for the PARA brand and the growing Freedom Group empire?


Current Magazine Cover

Enjoy articles like this?

Subscribe to the magazine.

Get access to everything Guns & Ammo has to offer.
Subscribe to the Magazine

GET THE NEWSLETTER Join the List and Never Miss a Thing.

Recommended Articles

See More Recommendations

Popular Videos

Which Sight Is Faster - XS Sight Test

Which Sight Is Faster - XS Sight Test

Jeremy Stafford traveled to Gunsite Academy to compare the speed of stock sights against express, three-dot, suppressor-height and red dot sights.

Savage Arms Impulse Rifle with Straight-Pull Action

Savage Arms Impulse Rifle with Straight-Pull Action

Savage introduces a must-shoot straight-pull rifle, the Impulse, with three hunting configurations.

Pocket-Pistol Carry Tips and Tricks

Pocket-Pistol Carry Tips and Tricks

Pocket carry, as a method of concealed carry for a defensive firearm, can be a practical option when done right. This is especially true during the colder months when heavy outer garments can obstruct access to a traditional waistline holster. Former U.S. Navy SEAL Jeff Gonzales, president of Trident Concepts, joins G&A contributor Kimberly Heath-Chudwin to discuss guns, training and gear, including Blackhawk's TecGrip holster that can make pocket carry more successful.

Trijicon

Trijicon's New Specialized Reflex Optics (SRO)

The Trijicon SRO is specifically designed for pistol use. The wide field of view and clean, crisp dot makes it easy for users to find and track the dot in both target and competitive shooting applications.

See More Popular Videos

Trending Articles

Don't underestimate the fun factor.Review: Remington V3 TAC-13 Shotguns

Review: Remington V3 TAC-13

Brad Fitzpatrick - March 08, 2019

Don't underestimate the fun factor.

In this segment of Air Gun Reviews: Ruger 10/22 Air Rifle Rifles

Air Gun Reviews: Ruger 10/22 Air Rifle

Guns & Ammo Staff - September 02, 2020

In this segment of "Guns & Ammo TV," Gun Tech Editor Richard Nance and Pro-Shooter Jim Tarr...

Meet the Wilson Combat Protector: You get the experience of sound design and quality now in a more affordable package.Wilson Combat Protector Review Reviews

Wilson Combat Protector Review

Tom Beckstrand - March 24, 2020

Meet the Wilson Combat Protector: You get the experience of sound design and quality now in a...

Leupold launches its new DeltaPoint Micro Red Dot sight, a low-profile red dot sight designed specifically for concealed carry and personal defense firearms.Leupold DeltaPoint Micro Red Dot Sight — First Look Optics

Leupold DeltaPoint Micro Red Dot Sight — First Look

Guns & Ammo Staff - December 31, 2020

Leupold launches its new DeltaPoint Micro Red Dot sight, a low-profile red dot sight designed...

See More Trending Articles

More Industry

On October 30, 2020, the National Shooting Sports Foundation (NSSF) announced that the 2021 SHOT Show, intended to be held January 19-21, 2021, was cancelled. CANCELLED: 2021 SHOT Show in Las Vegas Industry

CANCELLED: 2021 SHOT Show in Las Vegas

Guns & Ammo Staff - November 02, 2020

On October 30, 2020, the National Shooting Sports Foundation (NSSF) announced that the 2021...

Taurus announced Shooting Team Captain Jessie Harrison captured a big win at the recent USPSA Area 3 Championship held August 2 in Grand Island, Nebraska.Taurus Shooting Team Captain Jessie Harrison Wins at USPSA Industry

Taurus Shooting Team Captain Jessie Harrison Wins at USPSA

Guns & Ammo Staff - August 07, 2020

Taurus announced Shooting Team Captain Jessie Harrison captured a big win at the recent USPSA...

The USA High School Clay Target League announced the clay target disciplines of ‘Sporting Clays' and ‘5-Stand' have been added to their high school clay target shooting programs, in which over 30,000 student athletes participate. USA High School Clay Target League Sporting Clays and 5-Stand Programs Industry

USA High School Clay Target League Sporting Clays and 5-Stand Programs

Guns & Ammo Staff - August 01, 2020

The USA High School Clay Target League announced the clay target disciplines of ‘Sporting...

Fiocchi announced plans for a significant investment in a new, independent manufacturing facility in Little Rock, Arkansas. This plan is part of an ongoing strategic initiative by Fiocchi of America and the Italy-based Fiocchi Group to expand its U.S. and international operations.Fiocchi Announces Industrial Expansion in Arkansas Industry

Fiocchi Announces Industrial Expansion in Arkansas

Guns & Ammo Staff - July 31, 2020

Fiocchi announced plans for a significant investment in a new, independent manufacturing...

See More Industry

Magazine Cover

GET THE MAGAZINE Subscribe & Save

Digital Now Included!

SUBSCRIBE NOW

Give a Gift   |   Subscriber Services

PREVIEW THIS MONTH'S ISSUE Arrow

Buy Digital Single Issues

Don't miss an issue.
Buy single digital issue for your phone or tablet.

Buy Single Digital Issue on the Guns & Ammo App

Other Magazines

See All Other Magazines

Special Interest Magazines

See All Special Interest Magazines

GET THE NEWSLETTER Join the List and Never Miss a Thing.

Phone Icon

Get Digital Access.

All Guns and Ammo subscribers now have digital access to their magazine content. This means you have the option to read your magazine on most popular phones and tablets.

To get started, click the link below to visit mymagnow.com and learn how to access your digital magazine.

Get Digital Access

Not a Subscriber?
Subscribe Now